Category Archives: Miscellaneous

The Three Word Question That You Must Get Answered Before You Can Achieve Your Goal of Debt Freedom

Gary North

“At what price?”

That is the question. It is a major barrier to success.

Count the cost (Luke 14:28-30).

People want all sorts of things. The list is as long as a person has time to make it. It goes on and on.

The problem is, the person cannot prioritize. Why not? Because of the give-and-take, back-and-forth relationship of goal and price. If he knew what is was willing to pay, he could prioritize the list. But because he isn’t sure what the payoff will be, he will not put a price tag on anything.

He is stuck in an endless loop.

I say, “cut to the chase.” Put a price tag on the thing that sounds as though it might be the best. Then think through what the payoff could be. Then see if it’s worth committing to.

Getting out of debt is a good goal. Achieving something great that cannot be achieved if you are in debt is even greater.

You need to set goals. I have created a department on this: Goal-setting.

In other words, start with the price; then go to the project. Why? Because of procrastination. If you sit around trying to assess the payoff, you will not get started. You can’t know the payoff. What you know is that 80% of projects fail (Pareto’s law). So, how much are you willing to commit to a new project with an 80% likelihood of failure?

If you never commit, attrition will keep you falling behind. You must commit just to stay even. You must commit more to get ahead.

The major attrition factor is your ticking clock.

It’s better to commit to a budget, begin the project, and see it fail than to sit, paralyzed. Paralysis guarantees failure.

Commit to getting out of debt. But count the cost beforehand. This will not be easy. It may take months. It may take years. But it can be done. Is it worth doing?

At what price?


Take This On-Line Test of Your Spending Habits

Gary North

This test is useful. It will help you identify bad habits.

You must face reality. This will help you do this.

Find Out Your FICO Score

Gary North

For information about the FICO score and how it affects you, click here:  (United_States)  The lowest FICO score is 300. A maximum FICO score is 850.

You can pay to find out your score from each of the three main ratings agencies. It’s cheaper to get a simulated score. Three outfits offer these.

This will give you some idea of how poorly or well you are doing. Your FICO score is a good place to begin facing reality. It lets you know how creditors evaluate your financial condition.

Books and Newsletters

Gary North

Download Over 90 Books and Hundreds of Practical Christian Newsletters.

The materials are available on

To access many of the books, you must first download the free reader for DjVu. It’s like the Adobe Acrobat Reader. Download it here:

Then you can access the books and newsletters here: